CVB Clarifies Record Dates and Payable Dates of Stock and Cash Dividends


Dec 26, 2006

ONTARIO, Calif.--(BUSINESS WIRE)--

As previously announced at the regularly scheduled Board of Directors Meeting on December 20, 2006, CVB Financial Corp. (NASDAQ:CVBF) has declared a 10% stock dividend to its shareholders of record on January 5, 2007 and a $0.085 cash dividends to its shareholders of record on January 16, 2007. The payable date for the 10% stock dividend is January 12, 2007. The payable date for the cash dividend is January 19, 2007. For those who hold CVB stock certificates, new stock certificates representing the 10% stock dividend will be mailed at the same time the cash dividend is distributed.

CVB Financial Corp. operates Citizens Business Bank. Citizens Business Bank is the largest bank headquartered in the Inland Empire. It is the dominant community bank in the Inland Empire, Los Angeles County, Orange County and the Central Valley areas of California. Its subsidiary, Golden West Financial Services, provides vehicle leasing, equipment leasing and real estate loan services. The Financial Advisory Services Group has over $2.7 billion in assets under administration. They provide trust, investment and related services.

Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol of CVBF. For investor information on CVB Financial Corp., visit our Citizens Business Bank website at www.cbbank.com and click on the CVB Investor tab.

Safe Harbor

This document may contain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those projected. For a discussion of other factors that could cause actual results to differ, please see the publicly available Securities and Exchange Commission filings of CVB Financial Corp., including its Annual Report on Form 10-K for the year ended December 31, 2005, and particularly the discussion of risk factors within that document.

Source: CVB Financial Corp.

Contact: CVB Financial Corp. Christopher D. Myers, President & Chief Executive Officer 909-980-4030